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Originally Posted by gunny72
He says that he uses probabilities based on form methods that are well known and freely available. He makes a massive income and is quite wealthy from his punting. I assume he bets according to the Woolworth's principle and has high turnover with small profit margins. Someone else employed an actuary to try to replicate his approach but without success.
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A very good point gunny, but if you had his money and attracted the rebates he does, and could manipulate the markets as he does, you couldn't help but make a low POT but huge profit.
It is well documented in the press how he manages to profit by his rebates and short priced horses for the place.
It is not about the system, it is about the prices he achieves.
The system identifies what he will have a go at, but without rebates and manipulation, he'd be struggling just as much as the next punter to make a profit.
Put this up against Mr Read who used his own ratings to make a profit because the actual ratings defied the market and it's no contest.